TeslaShort
Tesla’s Driving Downward to a Bearish Destination of $190!
Tesla
Tesla’s Driving Downward to a Bearish Destination of $190!
1. Price Formation: The price has broken from an inverted reverse C&H price formation on a daily chart.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating short-term bearish momentum.
3. 200-day Moving Average is below the Price.
4. Thus, Mas 7>21, price > 200. Price will attempt to get closer to the 200 moving average
5. Relative Strength Index (RSI): The RSI is < than 50, indicating bearish momentum and potential further downward movement.
6. Price Target: $190
Tesla’s Driving Downward to a Bearish Destination of $190!
1. Price Formation: The price has broken from an inverted reverse C&H price formation on a daily chart.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating short-term bearish momentum.
3. 200-day Moving Average is below the Price.
4. Thus, Mas 7>21, price > 200. Price will attempt to get closer to the 200 moving average
5. Relative Strength Index (RSI): The RSI is < than 50, indicating bearish momentum and potential further downward movement.
6. Price Target: $190
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.